Tag Archives: Market Conditions

Archive, Zoom Daily

Daily Meeting for Monday April 7

Posted on by Conor Browne

Trusting the First Setup and Resetting Momentum Early

• Missed clean breakout in small-cap tech, due to last-second hesitation despite a full pre-market green light.

• Team reminded to enter on the first valid trigger, not to wait for retests that rarely come cleanly.

• Ernie highlighted the “false protection” of perfection, where over-filtering disguises fear of being wrong.

• Emphasis on immediate starter size, to bypass hesitation and build position into confirmation.

• Review of midday overtrading, with several team members forcing C-tier trades after missing the open.

• Reset strategy launched: every team member must execute the first clear A-tier setup tomorrow—no filtering, no edits, no delay.

Summary

the team reviewed another missed early-session breakout—this time in small-cap tech—despite it being greenlit during pre-market prep. Ernie emphasized that hesitation at the point of trigger is costing far more than losses would, and that the true danger is masking fear as “discipline.”

The solution: get in on the first clean signal using starter size and build from there. Waiting for textbook retests or re-confirmation adds friction that often causes trades to be missed entirely. The discussion also covered how midday overtrading became a pattern after missed openings, leading to unnecessary exposure on C-tier setups.

To reset momentum, a challenge was set: everyone must execute the first clear A-tier setup tomorrow without hesitation. No edits. No overthinking. Trust the prep, trust the plan, and just take the shot.

Archive, Retrospective

Sunday Retrospective for April 6

Posted on by Conor Browne

Executing With Conviction and Trusting Setup Clarity

• Consistent hesitation on A-tier trades, even when confirmation matched the pre-market plan exactly.

• Missed follow-through on clean tech breakouts, as second-guessing delayed entries past the ideal level.

• Emotional carryover from early-week losses, affecting risk appetite and leading to under-sizing strong setups.

• Refinement of setup clarity grading, reinforcing the need to categorize setups as Clear, Gray, or Avoid before the open.

• Discussion on over-monitoring trades mid-run, with traders exiting too early from fear rather than invalidation.

• New weekly goal set: immediate execution on any “Clear” setup with full planned size—no filtering, no edits.

Summary

the team reviewed a recurring issue: hesitation on A-tier setups—even when those trades lined up perfectly with the morning plan. Clean breakouts in tech were missed due to over-analysis or delayed execution, with entries happening after the ideal moment or not at all.

A key theme was emotional drag. Early-week losses carried into later sessions, subconsciously reducing position sizing or increasing caution, even on valid setups. Ernie emphasized that past outcomes should never dictate current execution—each trade must stand on its own.

The team agreed to reinforce the setup grading system: Clear, Gray, and Avoid. Pre-market, every watchlist name will be assigned one of these categories to eliminate live-session doubt. There was also a warning against over-monitoring trades once they’re live—several early exits were made out of fear, not invalidation.

The week ahead comes with a clear directive: when a Clear setup appears, it must be executed immediately with full planned size. No edits. No filters. Just pure follow-through on the plan.

Archive, Zoom Daily

Daily Meeting for Tuesday April 1

Posted on by Conor Browne

Resetting Focus and Rebuilding Execution Confidence

• Missed early breakout in energy due to hesitation, even though the setup aligned perfectly with pre-market planning.

• Ernie emphasized the danger of “over-cleaning” setups, where the hunt for perfection leads to inactivity.

• Updated ‘big ass fly’ strategy reminder: start with starter size on clean breaks to get positioned, then layer in on strength.

• Focus on avoiding trade paralysis, with accountability logs tracking hesitation moments for immediate review.

• Midday discussion on prior-week carryover, where emotional residue from last week bled into today’s risk approach.

• Team goal set: execute the first clean A-tier setup without delay—no filters, no excuses.

Summary

the team reviewed another missed trade opportunity—this time in energy—where hesitation led to inaction on a clean A-tier setup. Ernie highlighted a recurring issue: the tendency to “over-clean” trades by filtering out anything that isn’t textbook-perfect, which leads to missed wins.

The ‘big ass fly’ strategy was re-grounded in its original purpose—being first in clean momentum plays using starter size and scaling on confirmation. The team re-committed to starter entries on key levels to bypass hesitation and build positioning confidence early.

Midday discussion shifted toward mindset carryover from last week, where recent mistakes or losses continued to influence risk decisions today. Ernie called this out as unnecessary drag and encouraged everyone to treat each session as a clean slate.

A clear team goal was set for the week: when the first A-tier setup presents itself, it must be executed immediately. No filters. No overthinking. Just trust the prep and act.

Archive, Zoom Daily

Daily Meeting for Thursday March 27

Posted on by Conor Browne

Honing Breakout Timing and Eliminating Second-Guessing

• Missed early breakout in mid-cap tech, despite pre-market plan highlighting it as a top-tier watch.

• Review of overcomplication during live execution, where clean setups were skipped due to second-guessing entry criteria.

• ‘Big ass fly’ strategy reaffirmed, with emphasis on trusting the first clean move rather than waiting for retests.

• Reinforcement of pre-market visual walkthroughs, to internalize target zones and remove hesitation at key levels.

• Discussion on early profit cuts, encouraging holding partial size for the full move when the setup remains intact.

• Group commitment to immediate execution on A-setups, with accountability reviews scheduled for Friday’s debrief.

Summary

the team dissected another missed opportunity on a mid-cap tech breakout. Despite strong pre-market planning and clear levels, the trade was skipped due to second-guessing during the moment of execution. Ernie emphasized that these moments stem from a lack of trust—not a lack of readiness.

The discussion reinforced the core principle of the ‘big ass fly’ strategy: strike early and decisively on clean momentum, rather than waiting for perfection. To support this, the team agreed to bring back pre-market visual walkthroughs, focusing on internalizing entry/exit zones before the bell.

Ernie also pointed out instances of profit being cut too soon, urging the group to let partial positions ride when a setup remains intact. The meeting closed with a team-wide agreement to immediately execute on any A-rated setup, with a Friday debrief scheduled to assess follow-through.

Archive, Zoom Daily

Daily Meeting for Tuesday March 25

Posted on by Conor Browne

Fine-Tuning Execution Around Breakout Timing and Trade Selection

• Hesitation on early breakout in energy sector, with discussion on the importance of immediate action on pre-validated levels.

• ‘Big ass fly’ strategy adjusted again, refining focus toward early-session follow-through plays, especially in momentum tickers.

• Review of excessive filtering, where good trades were skipped due to too many confluence requirements being stacked.

• Reinforcement of letting winners run, with reminders to scale out slowly rather than cutting trades at the first sign of hesitation.

• Improved pre-market ranking system tested, where trades were labeled as A or B setups to guide intraday execution priority.

• Team challenge introduced to improve first-hour responsiveness across the board.

Summary

the team reflected on missed entries—particularly an early breakout in the energy sector that had been clearly identified during pre-market planning. Ernie emphasized the need for immediate execution once pre-defined levels are hit, especially in the first hour.

The ‘big ass fly’ strategy was updated again to focus on plays that offer strong early follow-through rather than waiting for confirmation that often arrives too late. Excessive filtering was also addressed, with several setups skipped due to an overly rigid checklist.

The session also included a reminder on managing winning trades—encouraging the team to scale out progressively instead of exiting completely on first signs of hesitation. A new pre-market ranking system was trialed, labeling A- and B-tier trades to prioritize execution more confidently. Ernie closed by launching a team-wide challenge to improve speed and decisiveness during the first hour of trading.

Archive, Zoom Daily

Daily Meeting for Tuesday March 4

Posted on by Conor Browne

Optimizing Trade Execution and Managing Risk in a Volatile Market

• Market Reaction to Key Economic Events: Analysis of how economic data releases impacted price action and trade setups.

• Refinements to the ‘big ass fly’ strategy: Adjustments to improve trade entries and exits amid rapid market fluctuations.

• Fine-Tuning Entry Confirmations: Discussion on using confluence of technical indicators to strengthen trade validation.

• Dynamic Risk Management Strategies: Adjustments to stop-loss placements and position sizing to adapt to increased volatility.

• Sector Performance Analysis: Identification of strong trends in financials and tech, with a focus on upcoming opportunities.

• Reinforcing Trade Patience and Discipline: Reminder to avoid emotional trading and wait for confirmed setups before execution.

Summary

the team discussed the market’s reaction to key economic events and how it influenced trade setups. Ernie led a review of refinements to the ‘big ass fly’ strategy, focusing on improving trade execution amid rapid price movements.

The importance of fine-tuning entry confirmations was emphasized, with a strategy centered around using multiple technical indicators to validate trades. Risk management was also addressed, with dynamic adjustments to stop-loss placements and position sizing introduced to better navigate volatility.

Sector analysis highlighted strong trends in financials and tech, identifying potential opportunities for upcoming trades. Ernie concluded by reinforcing the importance of patience and discipline, urging traders to avoid emotional decision-making and focus on executing only well-confirmed setups.

Archive, Retrospective

Sunday Retrospective for February 23

Posted on by Conor Browne

Navigating Volatility and Optimizing Strategy

• Review of Weekly Volatility Trends: Analysis of market fluctuations and their impact on trade outcomes.

• Assessment of the ‘big ass fly’ strategy: Evaluation of its effectiveness in handling intraday reversals and potential refinements.

• Key Lessons from Missed Opportunities: Discussion on delayed entries and strategies for faster decision-making.

• Risk Management Adjustments: Emphasis on dynamic stop-loss strategies to reduce exposure during volatile sessions.

• Sector Focus for the Upcoming Week: Identification of emerging trends in energy and financials for targeted trade setups.

• Setting Goals for Next Week: Prioritizing entry precision, risk control, and patience in volatile market conditions.

Summary

the team reviewed the impact of market volatility on recent trade setups, identifying areas of strength and opportunities for refinement. Ernie led a discussion on the performance of the ‘big ass fly’ strategy, evaluating its effectiveness in navigating intraday reversals and suggesting potential adjustments.

The session emphasized the importance of learning from missed opportunities, particularly where delayed entries impacted potential gains. Strategies for faster decision-making and trade execution were proposed. Risk management was also a key focus, with discussions on using dynamic stop-loss techniques to better manage exposure in volatile market conditions.

The team identified sector-specific opportunities in energy and financials for the upcoming week and set goals focused on improving entry precision, refining risk strategies, and maintaining trade discipline. Ernie concluded by encouraging the team to stay patient and adaptable as they navigate ongoing market fluctuations.

Archive, Zoom Daily

Daily Meeting for Friday January 31

Posted on by Conor Browne

Refining Entry Signals and Adapting to Fast Market Moves

• Market Gaps and Volatility: Discussion on how unexpected overnight gaps impacted trade setups and execution plans.

• Adjustments to the “big ass fly” strategy: Focus on refining execution in response to rapid intraday price movements.

• Stronger Confirmation for Entries: Emphasis on using multi-timeframe analysis to avoid premature trade entries.

• Managing Position Sizes in Fast Markets: New guidelines on reducing risk exposure when volatility spikes unexpectedly.

• Handling Extended Stop-Losses: Review of how to properly size stops to allow trades enough room to work while maintaining risk control.

• Avoiding Overreaction to Short-Term Moves: Encouragement to stick to planned setups rather than reacting impulsively to minor fluctuations.

Summary

the team focused on the impact of overnight market gaps and how they disrupted trade setups. Ernie led a discussion on refining the execution of the “big ass fly” strategy, particularly in dealing with rapid intraday movements and volatile price swings.

Stronger trade entry confirmation was emphasized, introducing a multi-timeframe approach to improve decision-making and avoid premature entries. Risk management was also a key focus, with new guidelines on reducing position sizes when unexpected volatility arises.

The session included a review of extended stop-loss strategies, ensuring that trades have enough room to develop while keeping risk in check. Lastly, the importance of avoiding emotional reactions to short-term price movements was reinforced, with Ernie reminding the team to stick to predefined setups and trade plans.

Archive, Zoom Daily

Daily Meeting for Monday December 23

Posted on by Conor Browne

Strategic Realignment and Risk Adaptation for Holiday Markets

• Analysis of reduced holiday trading volumes and their implications on strategy execution.

• Adjustments to the “big ass fly” strategy to account for thinner liquidity and slower market conditions.

• Emphasis on utilizing narrower stop-loss ranges to safeguard against low-volume price swings.

• Review of opportunities in defensive sectors, such as utilities and healthcare, during quieter market periods.

• Discussion on refining intraday entry points based on recent trading patterns.

• Reminder to remain patient and focused, avoiding unnecessary trades during holiday-induced market stagnation.

Summary

the team concentrated on adapting trading strategies to align with the reduced volumes and slower market activity typical of the holiday season. Ernie led discussions on adjustments to the “big ass fly” strategy, highlighting modifications to improve its effectiveness under thin liquidity conditions.

The team reviewed opportunities within defensive sectors, such as utilities and healthcare, as these tend to perform steadily during quieter periods. Narrower stop-loss ranges were emphasized as a key risk management tool to protect against low-volume price swings.

Discussions also focused on refining intraday entry points, drawing lessons from recent trading patterns. Ernie concluded by encouraging patience and strategic focus, reminding the team to prioritize quality setups and avoid unnecessary trades during this period of market stagnation.

Archive, Zoom Daily

Daily Meeting for Tuesday December 10

Posted on by Conor Browne

Enhancing Volatility Strategy Adaptability and Risk Control

• Discussion on the market’s fluctuating activity and its implications for strategy execution.

• Refinement of the “big ass fly” strategy to improve responsiveness to dynamic market shifts.

• Focus on disciplined trade execution, with an emphasis on optimizing timing and precision.

• Review of updated risk management protocols, including advanced stop-loss techniques for increased flexibility.

• Analysis of emerging trends in specific market sectors influenced by current economic indicators.

• Encouragement to remain focused on strategic goals and avoid overtrading during unpredictable conditions.

Summary

the team analyzed the ongoing volatility in the market and its effects on trading strategies. Ernie led a detailed discussion on refining the “big ass fly” strategy to ensure it remains effective amid dynamic market shifts, focusing on adaptability and responsiveness.

The session highlighted the importance of disciplined execution, particularly in optimizing timing and maintaining precision during trades. Updated risk management protocols were reviewed, with an emphasis on advanced stop-loss techniques to provide flexibility in protecting capital.

Emerging trends in specific market sectors, influenced by current economic indicators, were explored to identify potential opportunities. Ernie concluded by urging the team to stay focused on strategic goals, reinforcing the importance of discipline and avoiding overtrading in the face of unpredictable market conditions.